Category: Boyu Capital

IN-DEPTH: Squeezed By East–West Tension, Sequoia Capital Splits

July 2, 2023
Boyu CapitalCCPChina Business & EconomyChina NewsNeil ShenSequoia Capitalsequoia chinaUS-China relationsventure capital
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“America’s pre-eminent investment firm is employing a member of the Chinese government.” That comment, made by tech executive Brian Costello on Steve Bannon’s “War Room” podcast on June 27, reflects the ongoing attention surrounding the recent Sequoia Capital split, following scrutiny of the firm’s ties to the Chinese Communist Party (CCP). The venture-capital giant announced…

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Exposing the Red Elites Behind ‘Chinese Uber’ Didi (Part 3)

July 24, 2021
Boyu CapitalBusiness & EconomyChinaChinese RegimeDidiLenovo Group
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Editor’s note: This article is part three of a three-part series. Part 1 looks at Beijing’s crackdown on Didi and introduces the company’s ties to the Chinese military and state-owned businesses. Part 2 looks further into Didi’s ties with China’s business elites, the Chinese military, and Lenovo Group. Chinese investment firm Boyu Capital and its late co-founder Ma…

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Chinese Political Conflicts Spread Into Economy

March 10, 2021
Alvin JiangAnt GroupBoyu CapitalChinaChinese RegimeJiang ZeminXi Jinping
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Families of China’s leader Xi Jinping and a rival faction led by former leader Jiang Zemin have been involved in business conflicts, leading to speculation that there are warring factions within the CCP. As a one-party state, the Chinese Communist Party (CCP) monopolizes power in China. The leadership, however, is not monolithic. After taking office,…

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China Insider: Boyu Capital Flees to Singapore in Fear of CCP Purge

February 26, 2021
boyuBoyu CapitalCCPChinaChina Business & EconomyChina InsiderChinese LeaderChinese RegimeJiang ZeminJiang ZhichengNews VideospurgeSingaporeVideovideo specialWall Street Journal
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On Feb. 22, the Wall Street Journal quoted insiders who said that China’s Boyu Capital, a private equity firm founded by former Chinese leader Jiang Zemin’s grandson, Jiang Zhicheng, has moved part of its business from its Hong Kong headquarters to Singapore. Two co-founders of the company have also relocated to Singapore. The transition was…

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Boyu Capital Moves Operations Out of Hong Kong Amid Suspected Political Infighting: Report

February 24, 2021
Alvin JiangBoyu CapitalChinaChina Business & EconomyChinese RegimeHK BusinessHong KongJiang ZeminSingaporeXi Jinping
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Boyu Capital, a fund company owned by China’s former leader Jiang Zemin’s family, is moving its business from Hong Kong to Singapore and Shanghai, The Wall Street Journal (WSJ) reported on Feb. 22. Jiang built a faction within the Chinese Communist Party (CCP) centered in Shanghai that controlled Hong Kong and had influence in other regions….

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